NCLH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NCLH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Norwegian Cruise Line Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,539 Mil. Norwegian Cruise Line Holdings's Average Total Inventories for the quarter that ended in Sep. 2024 was $147 Mil. Norwegian Cruise Line Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 10.43.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norwegian Cruise Line Holdings's Days Inventory for the three months ended in Sep. 2024 was 8.75.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Norwegian Cruise Line Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.05.
The historical data trend for Norwegian Cruise Line Holdings's Inventory Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Norwegian Cruise Line Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Inventory Turnover | Get a 7-Day Free Trial | 39.47 | 19.04 | 16.03 | 31.97 | 35.70 |
Norwegian Cruise Line Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Inventory Turnover | Get a 7-Day Free Trial | 9.27 | 8.17 | 8.79 | 9.45 | 10.43 |
Norwegian Cruise Line Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as
Inventory Turnover (A: Dec. 2023 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (A: Dec. 2023 ) | / ( | (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) |
= | 5468.587 | / ( | (148.717 | + | 157.646) | / | 2 ) |
= | 5468.587 | / | 153.1815 | ||||
= | 35.70 |
Norwegian Cruise Line Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover (Q: Sep. 2024 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (Q: Sep. 2024 ) | / ( | (Total Inventories (Q: Jun. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) |
= | 1538.939 | / ( | (149.931 | + | 145.056) | / | 2 ) |
= | 1538.939 | / | 147.4935 | ||||
= | 10.43 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Norwegian Cruise Line Holdings (NYSE:NCLH) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Norwegian Cruise Line Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 147.4935 | / | 1538.939 | * | 365 / 4 | |
= | 8.75 |
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Norwegian Cruise Line Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 147.4935 | / | 2806.578 | |
= | 0.05 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Thank you for viewing the detailed overview of Norwegian Cruise Line Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Faye L. Ashby | officer: SVP & Chief Accounting Officer | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Mark Kempa | officer: EVP & CFO | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Andrea Demarco | officer: Pres. RSSC | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Harry Sommer | officer: Pres. & CEO of NCL | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Zillah Byng-thorne | director | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Daniel S Farkas | officer: EVP Gen. Counsel & Asst. Sec'y | 5840 SW 117TH STREET, CORAL GABLES FL 33156 |
Jose E. Cil | director | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Patrik Dahlgren | officer: EVP, Vessel Operations | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Del Rio Frank J | director, officer: Pres. & CEO | 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122 |
David Herrera | officer: Pres. NCL | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Del Rio Frank A. | officer: Pres. Oceania Cruises | C/O NEW BEGINNINGS ACQUISITION CORP., 800 1ST STREET, UNIT 1, MIAMI FL 33139 |
Jason Montague | officer: Pres. & CEO of RSSC | C/O PRESTIGE CRUISES INTERNATIONAL, INC., 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122 |
Howard J Sherman | officer: Pres. & CEO Oceania Cruises | 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
Russell W Galbut | director | 7665 CORPORATE DRIVE, MIAMI FL 33126 |
Harry C Curtis | director | C/O NORWEGIAN CRUISE LINE HOLDINGS, 7300 CORPORATE CENTER DRIVE, MIAMI FL 33126 |
From GuruFocus
By PRNewswire • 12-04-2024
By GuruFocus News • 12-02-2024
By Marketwired • 10-31-2024
By GuruFocus News • 11-01-2024
By GuruFocus News • 11-09-2024
By PRNewswire • 11-21-2024
By GuruFocus News • 10-31-2024
By PRNewswire • 12-04-2024
By GuruFocus News • 10-31-2024
By GuruFocus News • 10-11-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.